By Unitel: Former Hydrocarbons Minister: “The country cannot afford to import $3 billion annually and then subsidize fuel that, on top of everything, ends up going across our borders,” Álvaro Ríos said. Ríos stated that “Bolivia has no choice but to remove subsidies” Former Hydrocarbons Minister Álvaro Ríos warned that maintaining fuel subsidies will lead…
Tag: uncertainty
“With proper measures, the dollar could fall to Bs 8” | “Con medidas adecuadas, el dólar podría bajar a Bs 8”
By Stefany Guzmán, Red Uno, Eju,tv: Former BCB Director: According to Banegas, restoring the flow of dollars and returning deposits to savers will help bring the exchange rate closer to more balanced levels, reducing the gap with parallel markets. The Central Bank of Bolivia (BCB) issued a statement announcing a reference value for the U.S….
Dollar reference aims for transparency, not devaluation | Valor referencial busca transparencia, no devaluación
By Unitel: The reference value of the dollar does not imply a devaluation or a new exchange rate, says economist After the BCB’s announcement about the daily publication of the reference value of the dollar, Gonzalo Chávez considered that it may be a sign of a gradual transition toward a new official market or a…
Crisis: Gradual or Shock Subsidies | Crisis: subsidios graduales o de shock
By Correo del Sur: Jubileo proposes 5 solution alternatives for the subsidy The State covers, with public resources, 74% of the cost of gasoline and 73% of diesel Jubileo proposes 5 solution alternatives for the subsidy. Photo: ANH The subsidy for hydrocarbons has ceased to be a policy of stability and has instead become the…
Three Economic Scenarios Towards Stabilization | Tres escenarios económicos hacia la estabilización
By El Diario: They propose three economic scenarios if the Government opts for stabilization Faced with the dilemma between gradualism and a more drastic adjustment, economist Hugo Siles warns that if the Government decides to seriously apply a stabilization plan with the elimination of subsidies and measures to attract private investment, the country will face…
Fuel Crossroads | Encrucijada Energética
By El Deber: Minister of Hydrocarbons: “The need to import LPG is almost here” Minister of Hydrocarbons and Energy, Mauricio Medinaceli | Ricardo Montero In an interview with EL DEBER, the Minister of Hydrocarbons and Energy, Mauricio Medinaceli, admits that the sector he leads is in critical condition, but shares President Paz’s optimism about reversing…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 